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Timothy Tabor
Former Arbitrageur, Kidder, Peabody & Co.
Kidder Peabody arbitrageur arrested alongside Richard Wigton in the February 1987 insider trading sweep; charges later dropped
Overview
Timothy Tabor was an arbitrageur at Kidder, Peabody & Co. who was arrested alongside Richard Wigton in the same aggressive February 1987 sweep by prosecutors. Like Wigton, Tabor was charged with insider trading conspiracy and securities fraud. The charges against both men were eventually dropped when prosecutors concluded they lacked sufficient evidence to proceed. Tabor's case, like Wigton's, became part of the broader debate about prosecutorial overreach under U.S. Attorney Rudy Giuliani, who favored dramatic public arrests and the use of RICO charges to pressure white-collar defendants. Whether the dropped charges reflected actual innocence or merely the difficulty of proving insider trading in court remains an open question.
Key Affiliations
Controversies & Concerns
Arrested in February 1987 alongside Richard Wigton in publicized insider trading sweep at Kidder Peabody
Charges dropped when prosecutors concluded insufficient evidence, but career was already destroyed
Case became symbol of prosecutorial overreach debate under Giuliani
Related Investigations (1)
Criminal Charges & Violations
2 documented violations
15 U.S.C. § 78j(b)Insider trading conspiracy (DROPPED)(Financial Crimes)
15 U.S.C. § 78j(b)Securities fraud (DROPPED)(Financial Crimes)
Known Associates & Connections
Richard Wigton
Co-arrested at Kidder Peabody; both had charges dropped
Martin Siegel
Kidder Peabody M&A banker whose insider trading exposed others at the firm
Sources & Documentation
1 documented sources from official records, investigations, and reports
Personal Information
- Born
- Unknown
- Birthplace
- Unknown
Education
- •Unknown
Key Timeline
1987-02
Arrested alongside Richard Wigton at Kidder Peabody in publicized insider trading sweep
1989
Charges dropped when prosecutors concede insufficient evidence